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Friday, July 23, 2010 1:09:12 AM
There were two interesting points during the tradind day that I made note of....after that tremedous run this week, all we saw during that typical 10AM sell-off is a 10% pull-back that lasted all of 10 minutes. The other interesting time was when this broke below .0025 after being above that mark for most of the morning and intot he afternoon. There were millions of shares dropped onto the bid taking us down to .0023....all absorbed into the volume and helped get those seeking a quick profit out of the way.
I have no crystal ball (though after AVTI's run, I may consider buying one at Tiffany's) there is still a great deal of upside potential. Keep in mind, .003 is still relatively closed to zero, so you re getting a bargain based on anticipated profits from this recently announced joint venture.
IMHO
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